Farther Finance Advisors LLC Has $4.11 Million Stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Farther Finance Advisors LLC raised its stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 2.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 43,033 shares of the exchange traded fund’s stock after buying an additional 1,145 shares during the quarter. Farther Finance Advisors LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $4,108,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Valley National Advisers Inc. acquired a new position in SPDR Bloomberg High Yield Bond ETF in the fourth quarter valued at about $29,000. Truvestments Capital LLC acquired a new position in SPDR Bloomberg High Yield Bond ETF in the third quarter valued at about $37,000. Realta Investment Advisors lifted its stake in SPDR Bloomberg High Yield Bond ETF by 89.7% in the fourth quarter. Realta Investment Advisors now owns 444 shares of the exchange traded fund’s stock valued at $43,000 after buying an additional 210 shares during the period. Boyd Watterson Asset Management LLC OH lifted its stake in SPDR Bloomberg High Yield Bond ETF by 3,658.5% in the fourth quarter. Boyd Watterson Asset Management LLC OH now owns 1,541 shares of the exchange traded fund’s stock valued at $147,000 after buying an additional 1,500 shares during the period. Finally, Continuum Advisory LLC lifted its stake in SPDR Bloomberg High Yield Bond ETF by 254.2% in the third quarter. Continuum Advisory LLC now owns 1,679 shares of the exchange traded fund’s stock valued at $162,000 after buying an additional 1,205 shares during the period. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.1 %

NYSEARCA:JNK opened at $95.40 on Thursday. SPDR Bloomberg High Yield Bond ETF has a 1-year low of $92.47 and a 1-year high of $97.90. The business’s 50-day moving average price is $96.35 and its two-hundred day moving average price is $96.54. The firm has a market capitalization of $8.61 billion, a price-to-earnings ratio of 20.14 and a beta of 0.48.

SPDR Bloomberg High Yield Bond ETF Company Profile

SPDR Barclays High Yield Bond ETF (the Fund), formerly SPDR Barclays Capital High Yield Bond ETF, seeks to provide investment results that correspond to the price and yield performance of the Barclays Capital High Yield Very Liquid Index (the Index). The Index includes publicly issued United States dollar denominated, non-investment grade, fixed-rate, taxable corporate bonds that have a remaining maturity of at least one year, regardless of optionality, are rated high-yield using the middle rating of Moody’s, S&P, and Fitch, respectively, and have $600 million or more of outstanding face value.